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  • UBS Predicts Explosive Growth Ahead


    UBS analysts are standing firm on Nvidia (NASDAQ:NVDA), brushing off recent market doubts as “overblown” and forecasting a breakout quarter ahead. After dissecting Nvidia’s latest developments, UBS believes the company is on the cusp of a revenue explosion, projecting $9 billion in Blackwell chipset sales for Januarynearly double earlier estimates. Nvidia’s shift from Hopper to Blackwell systems is accelerating rapidly, setting the stage for what UBS calls a “very dynamic” 2024.

    Supply chain worries? UBS isn’t buying them. Instead, they point to Nvidia’s clever revenue recognition strategy, where end customers leverage ODMs’ working capital to keep inventory flowing smoothly. On top of that, Blackwell rack shipments are already rolling out with Hon Hai (HNHAF) leading the charge and Quanta ramping up soon. Even hardware bottlenecks, like connector cartridges from Amphenol (NYSE:APH), are seeing noticeable improvements, reinforcing Nvidia’s ability to deliver under pressure. UBS’s $185 price target for Nvidia remains unchangeda testament to their conviction in the company’s growth narrative.

    For investors, this is shaping up to be a pivotal moment. Nvidia is rapidly solidifying its dominance in AI and data centers, with hyperscaler demand showing no signs of slowing. UBS’s analysis makes one thing clear: Nvidia’s Blackwell systems aren’t just a product launchthey’re a paradigm shift. With production scaling and market momentum building, Nvidia is poised to deliver blockbuster results in 2024 and beyond. Investors should buckle upit’s going to be a ride.

    This article first appeared on GuruFocus.



    UBS, one of the world’s leading financial institutions, has recently made a bold prediction for explosive growth ahead in various sectors. With global markets constantly changing and evolving, UBS analysts have identified key areas where they foresee significant growth opportunities in the near future.

    One of the sectors UBS is particularly optimistic about is technology, with advancements in areas such as artificial intelligence, cloud computing, and cybersecurity driving innovation and creating new opportunities for investors. Additionally, UBS predicts a surge in the renewable energy sector as governments around the world push for more sustainable solutions to combat climate change.

    In the financial services industry, UBS anticipates a shift towards digital banking and fintech solutions, as consumers increasingly prefer online and mobile banking options. This trend is expected to create new investment opportunities and disrupt traditional banking models.

    Overall, UBS’s forecast for explosive growth ahead is based on a combination of technological advancements, shifting consumer preferences, and global trends towards sustainability. Investors and businesses alike should keep a close eye on these sectors for potential opportunities in the coming years.

    Tags:

    UBS, growth predictions, financial forecast, investment outlook, economic trends, market analysis, stock market predictions, future growth prospects, UBS report, market volatility

    #UBS #Predicts #Explosive #Growth #Ahead

  • UBS sees sluggish iPhone sales in Dec as China demand worsens By Investing.com

    UBS sees sluggish iPhone sales in Dec as China demand worsens By Investing.com


    Investing.com– Apple Inc (NASDAQ:) is likely to see weaker sales of its flagship iPhone in December, UBS analysts said in a recent note, citing persistent concerns over slowing demand and falling market share in top market China.

    UBS cut its iPhone unit/revenue estimates for December to 74 million units and $67.2 million revenue from 77 million units and $69.7 million revenue. While the brokerage does see some resilience in Apple’s services revenue, its lowered forecast for iPhone sales saw a 2% negative revision in UBS’ December quarter revenue estimates to $120.8 billion, which is lower than street estimates of $124.9 billion.

    UBS also cut its earnings per share estimate for the December quarter to $2.25 from $2.31, compared to street estimates of $2.36.

    The brokerage noted recent data from Counterpoint Research that iPhone sell-through declined 8% year-on-year in November to 20.7 million units, with China accounting for a bulk of this decline. The iPhone’s global share also sank to 20.1% in November- its lowest level since November 2019.

    The brokerage noted that October and November usually account for a bulk of Apple’s iPhone sales in the December quarter, with a decline in November boding poorly for the technology giant.

    “We now expect iPhone revenue to decline 5% YoY in the December quarter, missing both our estimate, the VA Consensus and implied positive growth highlighted by the company during the Sept quarter earnings report,” UBS analysts said in a note.

    Apple has been grappling with years of slowing device sales, with a bulk of these declines being driven by weakening demand in China. The company is also facing heightened competition from local players such as Huawei and Xiaomi (OTC:).

    Apple’s inclusion of artificial intelligence features in its flagship iPhone 16 models did little to stimulate sales, given that the company largely lagged its rivals in introducing AI features. The tech giant is also yet to roll out any AI features in China due to regulatory hurdles.

    Still, Apple’s services revenue has remained robust, thanks to support from strong AppStore sales and demand for its software offerings. This is expected to limit overall declines in earnings.





    UBS, one of the world’s leading financial services firms, has reported that iPhone sales in December were sluggish due to worsening demand in China. The firm attributes this slowdown to a combination of economic factors and increased competition in the Chinese market.

    According to UBS analysts, iPhone sales in China have been affected by a weaker economy and ongoing trade tensions between the US and China. Additionally, domestic competitors such as Huawei and Xiaomi have been gaining market share in the region, putting pressure on Apple’s sales.

    Despite these challenges, UBS remains optimistic about Apple’s long-term prospects, citing the company’s strong brand and loyal customer base. However, the firm warns that Apple may need to adjust its pricing strategy and product offerings in order to maintain its competitive position in the Chinese market.

    Investors will be keeping a close eye on Apple’s upcoming earnings report to gauge the impact of sluggish iPhone sales in China. As the tech giant continues to navigate a challenging global landscape, UBS’s insights provide valuable context for understanding the company’s performance in key markets.

    Tags:

    • UBS
    • iPhone sales
    • China demand
    • Investing.com
    • Technology news
    • Apple
    • Smartphone market
    • Economic trends
    • Consumer electronics
    • Global market analysis

    #UBS #sees #sluggish #iPhone #sales #Dec #China #demand #worsens #Investing.com

  • UBS Slashes Holiday Quarter Projections

    UBS Slashes Holiday Quarter Projections


    UBS analysts maintained a “neutral” rating on Apple (AAPL, Financial) and maintained an unchanged price target of $236, saying that iPhone sales were now in line with expectations. It comes after November sell-through for iPhones dropped more than 8% year on year to lower forecasts for iPhone sales in the December quarter.

    iPhone unit estimates were lowered to 77 million from 82 million and revenue to $67.2 billion from $69.7 billion. The move represents a 4 percent year-over-year revenue decline versus former expectations of flat growth. The analysts now expect total December quarter revenue of $120.8 billion, down 2% from the prior estimate of $123.3 billion and short of the consensus of $124.9 billion. The consensus earnings per share forecast for the quarter was also cut to $2.36 from $2.31, and the EPS came in at $2.25, which is a $2.36 estimate.

    Soft in iPhone sales dampens hopes that are normally at their highest this season. However, a near 1% downward revision of gross revenue is offset by robust App Store performance, which pushes services revenue by 1%.

    The challenges notwithstanding, Apple’s fundamentals are strong, with a gross profit margin of 46.2 percent and trailing 12-month revenue growth of 2%. Wedbush Securities remains optimistic about Apple’s long-term performance, given advances in artificial intelligence.

    Apple is currently trading at a lofty $3.79 trillion valuation, which is stretched out clearly, but with a diversified and smarter portfolio, coupled with strategic moves such as AI and global partnerships, perhaps the US tech giant could become better suited for bearing the beatings of the fast-changing tech world.

    This article first appeared on GuruFocus.



    UBS, one of the world’s largest financial institutions, has recently announced that it is significantly lowering its projections for the upcoming holiday quarter. The Swiss bank cited a variety of factors, including ongoing supply chain disruptions, labor shortages, and rising inflation, as contributing to a more challenging economic environment.

    The revised projections from UBS are expected to have a ripple effect across global markets, with many investors closely monitoring the situation. The news comes at a time when concerns about the state of the global economy are already running high, with many experts warning of potential downturns in the coming months.

    As we head into the holiday season, businesses and consumers alike will need to be prepared for a potentially more challenging economic landscape. Stay tuned for further updates on this developing story.

    Tags:

    UBS, holiday quarter, projections, financial forecast, market analysis, investment banking, economic outlook, global trends, business news, stock market, financial services, wealth management

    #UBS #Slashes #Holiday #Quarter #Projections

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